How do I help a friend choose a professional Power of Attorney for Finances?

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anonymous1031730 Asked March 2020

How do I help a friend choose a professional Power of Attorney for Finances?

Are there attorneys that do Living Trusts and then handle all my friend's finances through burial?

Elder Law Estate Planning Financial Planning Power of Attorney (POA)

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score 0 · Answer 1

Go to www.nelf.org and find a certified elder law attorney in your area.

Ask if they have fudiciaries. This is the safest way in my opinion because you are dealing with a firm that has licenses and insurance in place, as well as oversight to ensure that you are not paying for services not provided.

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score 1 · Answer 2

Do they not have any relatives or friends that they trust?

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We use a professional because of the stories that you hear all the time. People get greedy and then the family starts in fighting.

We decided to save all the hassle and hire a professional. This also ensures that our wishes will rule, no emotional decisions by others.

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score 3 · Answer 3

Attorney will use up the resources in no time. Check into a certified conservator or geriatric care manager.

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How do I help a friend choose a professional Power of Attorney for Finances?

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